Letter of Pledge, Lien and Authority for Securities: Rs.100
DP Note: Rs.50
Turn around Time
4-5 working days
Security Margins
Liquid Security
20% Margin
i.e. 80% Loan to Face Value Ratio
Gold
30% Margin
i.e. 70% Loan to Value Ratio
Subtopic
Acceptable Securities
KBL Term Deposit Certificates
National Savings Certificates
Gold Jewllery
Gold Valuation Charges
Rs. 500 per case (to be borne by borrower)
Eligibility Criteria
• Household annual income less than Rs. 300,000 or as revised by SBP from time to time
• Age between 22 - 64 Years
• Residing in the area for last 2 Years
• Business experience of minimum of 2 Years
• Doing business at same location for last 1 year
• Holding valid CNIC
• Satisfactory cash flow
• Credit scoring to assess credit worthiness only, no negative impact on credit decision
• Not defaulter of KBL & other institutions (subject to eCIB /data check for loans exceeding Rs. 30,000)
• Other pre / post disbursement verifications (as applicable)
• Borrower should be able to execute charge documents
Competitive Edge
Zero Early Payment Fee
Partial Payments Allowed
Daily Markup on Late Payment; No additional charges
Flexible tenures
Tenure
3 - 12 months
Repayment Options
EMI or Bullet
Purpose
Productive loan for individual entrepreneurs who wish to use it for working capital needs or asset purchase
Debt Service Ratio
70% of disposable income
Pricing (APR)
Gold
27%
Liquid Securities
15%
Min and Max Loan Value
Minimum Loan Rs.25, 000/-
Maximum Loan Rs. 150,000/-
Processing Cost
Rs. 500 for Loan upto Rs. 50,000/-
Rs. 1,000 for Loan greater than PKR 50,000/- but less than or equal to Rs. 100,000/-
Rs. 1,500 for Loan greater than PKR 100,000/-
